News

Raytheon Receives $528-Million AMRAAM Contract Mod

—Marc V. Schanz4/1/2015

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​Raytheon Company recently received a $528.7-million fixed-price-incentive
contract modification from the Air Force for its Advanced Medium-Range
Air-to-Air Missiles to deliver Lot 29 AMRAAMs for the US military
as well as foreign military sales. Work on the contract will be performed
at the company’s Tucson, Ariz., facilities and will be complete by January
2018, the company announced in
a statement. According to the USAF Life Cycle Management Center contract
filing, some $294.6 million in Fiscal 2015 Air Force and Navy production
funds were obligated at the time of award. Thirty-six countries currently field
the AMRAAM as the go-to medium-range air-to-air missile for fourth generation
aircraft. The AMRAAM is integrated on USAF’s F-16, F-15, F-22, and is
undergoing integration
testing on the F-35. USAF leaders have said they are concerned about the
long-term future of USAF’s air superiority capabilities, and want to put more
study into developing new air-to-air weapons, such
as longer-range missiles, which can function
in degraded or contested environments.